Although best known for his rebounding skills, Lane was also an adept ball handler. His jump shot and foul shooting were never consistent. He was voted as the best rebounder in the history of the ACB.
On January 25, 1988 in college basketball game featuring Lane's Pittsburgh team playing Providence on a national television broadcast, Lane broke the glass backboard with a one-handed dunk with Sean Miller assisting on the play. Often referred to simply as "The Dunk", the play was famously called by color analystBill Raftery when he exclaimed "Send it in, Jerome!!" The play is on ESPN's list of the "100 Greatest Sports Highlights" and has been the subject of numerous articles even decades later.